Dec 24, 2020 Case Summary: Sunbird Scheme Sanctioned By Chloë Kealey On 16 December 2020, Justice Snowden sanctioned Sunbird Business Services Limited's (“Sunbird”) Scheme of Arrangement having previously...
Dec 24, 2020 Look Before You Leap: A Warning to Creditors on the Importance of Considering the Consequences of Intercreditor Arrangements when Seeking to Enforce By Brown Rudnick The recent case of Arlington Infrastructure Limited (in administration) 1 demonstrates the importance of complying with the conditions...
Oct 24, 2020 Federal Court of Australia Sheds Light on What It Means to “Give Possession” Under the Cape Town Convention’s Aircraft Protocol By Brown Rudnick On 7 October 2020, the Full Federal Court of Australia handed down its judgment in Wells Fargo Trust Company, National Association...
Oct 10, 2020 Pizza Express to Use Part 26A Restructuring Plan By Brown Rudnick On 30 September 2020, the English High Court granted PizzaExpress Financing 2 plc ("Company" or "Pizza Express") permission to proceed to...
Oct 08, 2020 U.K. Court Sanctions First New Restructuring Plan for Virgin By Chloë Kealey In June 2020, the Corporate Insolvency and Governance Act came into force, introducing a new restructuring tool into Part 26A of the...
Sep 25, 2020 Fakhry V Pagden & Anor: Court of Appeal Confirms That Members’ Voluntary Liquidations Are Controlled by the Shareholders By Chloë Kealey On 15 September 2020, the Court of Appeal overturned a High Court decision, which threatened the corporate autonomy of majority...
Mar 18, 2020 Timing is Everything…. Proposed Reforms to Chapter 15 on Hold for Now? By Matthew Sawyer Pursuant to the UK's Cross Border Insolvency Regulation 2006 ("CBIR") and the US' Chapter 15, the location of a debtor's center of main...